Feb 04, 2026 4:53 p.m.
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China Morning Snapshot – 27 November 2025
27 Nov 2025 Spot activity remained muted, with sellers widening discounts to align with the softer tone in the futures market.
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26 Nov 2025 SPVC k67-68

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Taiwanese major announced December PVC offers with moderate reductions

In India, buying sentiment remained subdued as converters continued to rely on comfortable inventories and weighed more competitively priced alternatives.
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26 Nov 2025

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Shenhua Auction: Month-end supply cuts fail to lift sentiment as buyers stay defensive

Participation in Shenhua’s latest auction was steady yet subdued, with buyers showing limited interest in both homo-PP yarn and LLDPE film
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26 Nov 2025 PPH Inj PPH Raf

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Freight-driven support steadies Vietnamese PP market as players stay cautious

Vietnam’s PP market found some footing this week as regional and international suppliers adopted a firmer pricing stance, citing sharply higher ocean freight rates.
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26 Nov 2025

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China Morning Snapshot – 26 November 2025

PP and LLDPE futures for January 2026 contract on the Dalian Commodity Exchange opened lower, with both contracts slipping to new recent lows before posting only a mild rebound during the morning session.
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25 Nov 2025 SPVC k67-68

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Taiwanese major delays December PVC offers as regional demand weakens

A key Taiwanese PVC producer has once again deferred issuing its December shipment offers to Asian markets, with industry participants citing deepening uncertainty over demand.
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25 Nov 2025

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Softer December looms for Malaysian PP, PE as local producers ready new price lists

Downstream demand, meanwhile, remains softer than expected. Still, some players express cautious optimism that purchasing activity could pick up in December
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25 Nov 2025

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Shenhua Auction: Soft market conditions persist despite slight uptick in LLDPE film deals

Market sentiment remained cautious as PP and LLDPE futures for the January 2026 contract on the Dalian Commodity Exchange moved within a tight range before softening toward midday, providing little guidance for physical activity
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